Gold prices have been correcting since September, and investors are beginning to wonder if it's the right time to buy? With our Gold Cycle Indicator below 100, the odds are beginning to favor an intermediate low.
Featured Articles
Metals and miners have been bouncing after forming interim lows. Our cycle work supports a broken rally that should rollover between now and mid-October. A trade deal with China (partial or otherwise) could trigger the next selloff in gold.
The intermediate advance in gold prices peaked one month ago at $1566.20. We've entered the declining and somewhat choppy phase of the cycle. The commitment of trader’s report (COT) is far from supporting a bottom. It will likely take a few more...
Gold and silver prices are forming outside reversals as I write, and an interim top is possible. Longer-term, we believe the gold bull market is just getting started and should last well into the next decade. A multi-week correction in metals and...
Gold News
Last week's trading saw gold bottoming on Monday, here doing so with the tag of the 1459.80 (February, 2020 contract). From there, a sharp rally was seen into mid-week, with the metal pushing all the way up to a high of 1489.90 - before selling off...
In the long history of governments and central banks deceiving the people, August 15 1971 was just another date in the calendar. Throughout history, the ruling elite has always cheated the people. But the leaders’ irresponsible actions are always...
Last week's trading saw gold forming its low early in the week - here doing so with the tag of the 1456.70 figure (February, 2020 contract), made on a Tuesday time bottom. From there, strength was seen into later in the week, with the metal pushing...
Viktor set out his investment strategy early in life. He started with $10,000 in 1970 and his assets are today worth $121 million. But Viktor believes that this is just the beginning. He expects to reach $1 billion within the next 5-10 years.
Viktor...
Last week's action saw gold initially holding firm, with the metal pushing up to a high of 1479.20 - made in Wednesday's session. From there, however, weakness was seen into later in the week, here dropping down to a Friday low of 1461.20 - before...
Market Conditions
The world is now standing before a seminal moment and virtually nobody can see it. There has not been a more critical moment in the last 50 years than what we are now facing. In 1971, the world faced a similar situation. At that time, only the...
The messages from the ECB and the Fed couldn’t be clearer. They are seeing major problems in the financial system and in the world economy and they will do whatever it takes to save the system. But they will fail.
The autumn of 2019 will see a major...
Investors today have Hobson’s Choice. But they still don’t understand the options open to them.
Thomas Hobson had a livery stable of 40 horses in Cambridge in the 16th-17th centuries. But customers only had a choice of one horse. They could either...
Gold Forecast
Last week's trading saw gold bottoming on Monday, here doing so with the tag of the 1459.80 (February, 2020 contract). From there, a sharp rally was seen into mid-week, with the metal pushing all the way up to a high of 1489.90 - before selling off...
Last week's trading saw gold forming its low early in the week - here doing so with the tag of the 1456.70 figure (February, 2020 contract), made on a Tuesday time bottom. From there, strength was seen into later in the week, with the metal pushing...
Gold prices have been correcting since September, and investors are beginning to wonder if it's the right time to buy? With our Gold Cycle Indicator below 100, the odds are beginning to favor an intermediate low.
The Perfect Price
As investors, we...
Precious Metals
There is one spectacular investment opportunity today that virtually no one talks about. It represents less than 0.1% of global financial assets. This investment has a potential upside of 36x or 3,500%. The downside is extremely limited since supply...
We are currently at an important point of the economic cycle. The end or peak of debt-based assets, and the significant appreciation of real assets like gold and silver.
An example of the last time we were in a similar position is the late 70s. The...
The Amount of Dollars in Existence
Silver is currently trading around $14.84 an ounce. This is around 30% of its 1980 all-time high of $50. However, this is an incomplete representation of what silver is really trading at, relative to US dollars....
